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Nubank Secures Brazil Banking License to Save Its Iconic Name

The neobank, which also runs a crypto business, received approval to purchase Banco Porto Real de Investimentos S/A, becoming a licensed bank in Brazil. The development enables the company to maintain its name, as regulators pressured it to drop the bank moniker since it was not licensed as a bank in the country. Nubank Receives […]

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DOJ Secures Court Approval Targeting $1.2B in Stolen Binance Crypto

The Justice Department secured court authorization targeting more than $1.2 billion in cryptocurrency stolen from Binance. The action formed part of a recovery effort that froze billions of dollars following an attack U.S. authorities attributed to North Korea. Court Orders Target More Than $1.2 Billion The U.S. Department of Justice (DOJ) announced on Nov.…

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Tata Sons Listing: Noel Tata decodes why there should be no tinkering; what he said at Hindustan Times Leadership Summit

Noel Tata warned that listing Tata Sons could shift the group’s priorities toward shareholder returns and away from philanthropy. He said Tata Trusts would work with regulators and stakeholders to preserve conglomerate’s existing philosophy amid an ongoing dispute over its listing requirements.

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5 world market themes for the week ahead

Nvidia's recent leadership change and the upcoming IPO of Anthropic could significantly influence the AI market dynamics. US-China relations are set for discussions as Trump and Xi meet amid various geopolitical concerns. Oil prices remain volatile due to Middle East tensions and supply changes, affecting potential inflation relief. A UK and EU summit aims t…

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